70 Jellicoe Street

Mount Lofty QLD 4350

Rarely do properties of this calibre, with this much potential, come onto the market! A long term holding plan for the current owner has changed and an outstanding opportunity is now available for a savvy buyer. Perfectly positioned in the extremely popular suburb of Mount Lofty this period home is begging for a big extension or a sub division at the rear with room for another character home or duplex. The current house is no renovator - it's a home that has been lovingly cared for. To make it even more appealing it is tenanted until December giving you holding income while you get your project ready. The tenants are absolutely amazing and keep the property in perfect condition which will give you piece of mind while you go through the DA process and seek any further approvals.
The home itself is a beautiful Art Deco inspired character house. It has been well cared for over the years and has had some updates to keep it to modern standards. Period features of the property include polished timber floor boards, high ceilings, a fireplace and Art Deco ceilings. The property has had a new kitchen installed with great storage and stainless steel appliances. Internally a new coat of paint in the last 2 years has updated the feel of the home and two amazing decks offer that highly desired indoor/outdoor lifestyle. The rear deck is absolutely massive and captures the Eastern aspect perfectly. For a winter's morning the front deck captures the important North-East aspect as well. There is more than meets the eye inside with a separate sun room which could easily be a third bedroom, an area in the middle of the house for an office and also a generous laundry. The two bedrooms are spacious and offer room for queen beds plus furniture.
Externally the large 1012m block lends itself towards development or a buyer who is looking for a large backyard to enjoy. There is a great single car garage complete with power and lighting including sensor lights. To compliment this there is also a 3m x 3m garden shed at the rear of the home. The full concrete drive would easily convert for a battle axe block, or alternatively, if more car parking is required you could install the biggest of sheds.